XML 38 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
STATEMENTS OF INCOME AND EXPENSES (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
INVESTMENT INCOME        
Interest income (MS&Co. & MSSB) $ 44,466 $ 11,877 $ 108,493 $ 121,707
EXPENSES        
Brokerage fees (MS&Co.) 3,721,423 5,110,211 11,938,001 16,847,429
Management fees 1,131,788 1,576,606 3,642,388 5,854,155
Incentive fee 0 0 0 2,034,158
Total Expenses 4,853,211 6,686,817 15,580,389 24,735,742
NET INVESTMENT LOSS (4,808,745) (6,674,940) (15,471,896) (24,614,035)
Trading profit (loss):        
Net realized 1,327,550 (7,054,552) 14,755,603 (10,107,654)
Net change in unrealized (1,270,543) 11,560,712 (7,912,697) (8,603,779)
Total Trading Results 57,007 4,506,160 6,842,906 (18,711,433)
NET LOSS (4,751,738) (2,168,780) (8,628,990) (43,325,468)
NET LOSS ALLOCATION        
Limited Partners (4,692,646) (2,144,109) (8,519,908) (42,866,500)
General Partner $ (59,092) $ (24,671) $ (109,082) $ (458,968)
NET LOSS PER UNIT        
Limited Partners (in dollars per unit) $ (0.66) [1] $ (0.24) [1] $ (1.16) [1] $ (4.24) [1]
General Partner (in dollars per unit) $ (0.66) [1] $ (0.24) [1] $ (1.16) [1] $ (4.24) [1]
WEIGHTED AVERAGE NUMBER OF UNITS OUTSTANDING (in units) 7,902,378.934 9,846,022.123 8,440,381.186 10,258,589.100
[1] Based on change in net asset value per Unit.